Russian billionaire detained in Monaco

The Le Monde newspaper referencing their own sources reported that Russian billionaire Dmitry Rybolovlev was detained in Monaco.

It is noted that the owner of the Monaco FC football club was taken into custody the morning of November 6th. This occurred several hours before the soccer match against the Belgian Bruges team. The principality authorities searched his home.

The Attorney General of Monaco opened the investigation of the businessman's activities in connection with evidence of “corruption,” “influence peddling,” and other events.

Rybolovlev and the head of the Netherlands company AIM, Bernard de Ross, signed an agreement which allowed the Monaco FC football club to receive money while circumventing the Financial Fair Play rules. The Netherlands businessman promised Monaco FC 1.4 billion euro over ten years. This money was to be returned to the company.

Dmitry Rybolovlev is on the so-called “Kremlin list” of the US. He is the owner of the Monaco FC football club. Forbes lists him in the top 20 wealthiest people in Russia.

  Russia, France, Monaco, Europe, Belgium